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June 14, 2020

United States
Happy Birthday to the U.S. Army!

The United States Army celebrates its 245th birthday today. If you see an active duty, former, or retired member of the United States Army today, wish their service Happy Birthday. The Army provid…

Army birthday

May 8, 2020

China
China, a Major World Bank Borrower and Competitor, Must Stop Sheltering BRI Debt from G20 Standstill

As we explained in Foreign Affairs on April 27, China is trying quietly to exempt its massive Belt and Road Initiative (BRI) infrastructure loans to poor countries from its agreement to participa…

Graphic v2.png

April 27, 2020

Immigration and Migration
Trump’s Latest Immigration Restrictions Are Ill-Advised—and Un-American

Immigration benefits the United States while hewing to the nation's founding principles. 

Mexican immigrants cast shadows on a striped National Institute of Migration (INM) building in Ciudad Juarez, Mexico

March 26, 2020

United States
Why the Fed’s Bazooka Will Not Stop a Wave of Corporate Defaults

  Acknowledging the enormous threat to jobs and incomes posed by the coronavirus epidemic, the Federal Reserve on March 23 pledged to use “its full range of authorities to provide powerful sup…

Why the Fed’s Bazooka Will Not Stop a Wave of Corporate Defaults

February 7, 2020

Asia
CFR Mini Mac Index Suggests ‘Currency Manipulation’ Charges Trumped Up

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally?

December 2, 2019

China
As Trade War Drags On, China Revs Up Its Bad-Debt Machine

U.S. tariffs cost China about $35 billion in export receipts for the first half of this year, and—even if so-called Phase One talks succeed—are set to continue sapping revenues well into 2020. Me…

As Trade War Drags On, China Revs Up Its Bad-Debt Machine

December 19, 2019

Elections and Voting
Ten Elections to Watch in 2020

Millions of people around the world voted in 2019. Nigerians opted for the tried and true when they reelected Muhammadu Buhari, as did Canadians in reelecting Justin Trudeau. Ukrainians opted for a f…

Indonesia voter

December 2, 2019

Election 2020
Meet Joe Walsh, Republican Presidential Candidate

Buyer’s remorse. That is perhaps the best description of the situation that former Illinois Congressman and radio talk show host Joe Walsh finds himself in. Back in 2016, he championed Donald Trump’s…

Joe Walsh

October 29, 2019

China
China’s “Massive” Trade Offer Leaves U.S. Farmers $7 Billion Worse Off

President Trump has been talking up the “massive” trade deal he expects to sign with President Xi in November. China, he said, will soon be “buying much more farm products than anybody thought po…

China’s “Massive” Trade Offer Leaves U.S. Farmers $7 Billion Worse Off

November 15, 2019

Election 2020
Campaign Foreign Policy Roundup: The Democratic Foreign Policy Establishment Embraces Joe Biden

Each Friday, I look at what the presidential challengers are saying about foreign policy. This week: endorsements for Joe Biden, U.S. troops, and new candidates.

Former Vice President Joe Biden speaks to a crowd after filing for the New Hampshire presidential primary on November 8.